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PWC vs. MIDE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

PWC vs. MIDE

Last updated Aug 1, 2026
Documentation

PWC (Invesco Dynamic Market ETF) and MIDE (Xtrackers S&P MidCap 400 ESG ETF) are both Mid Cap Blend Equities funds - PWC tracks the Dynamic Market Intellidex Index while MIDE tracks the S&P MidCap 400 ESG Index. Both are passively managed. Over the past 5 years, PWC returned 7.27%/yr vs 8.56%/yr for MIDE. Their correlation of 0.84 means they have usually moved in the same direction. PWC charges 0.60%/yr vs 0.15%/yr for MIDE.

Performance

PWC vs. MIDE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Dynamic Market ETF (PWC) and Xtrackers S&P MidCap 400 ESG ETF (MIDE). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, PWC achieves a 10.39% return, which is significantly lower than MIDE's 15.09% return.

PWC

1D
-0.14%
1M
2.91%
6M
5.45%
YTD
10.39%
1Y
14.32%
3Y*
12.40%
5Y*
7.27%
10Y*
9.67%
ALL TIME*
2.95%

MIDE

1D
0.02%
1M
-0.21%
6M
10.55%
YTD
15.09%
1Y
25.54%
3Y*
13.06%
5Y*
8.56%
10Y*
—
ALL TIME*
9.04%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

MIDE

Xtrackers S&P MidCap 400 ESG ETF
$7.22K$26.17K$21.85K

PWC

Invesco Dynamic Market ETF
$49.65K$64.59K$60.35K

PWC vs. MIDE - Yearly Performance Comparison

2026 (YTD)20252024202320222021
PWC
Invesco Dynamic Market ETF		10.39%6.15%17.46%19.03%-16.01%8.47%
MIDE
Xtrackers S&P MidCap 400 ESG ETF		15.09%9.81%11.21%15.20%-11.63%11.80%

Correlation

The correlation between PWC and MIDE is 0.63, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.63

Correlation (3Y)
Balances recent behavior with more history.

0.77

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.84

Correlation (All Time)
Calculated using the full available price history since Feb 24, 2021

0.84

Over the past year, the correlation between PWC and MIDE has dropped to 0.63 - well below their long-term average of 0.84, suggesting their price drivers have been diverging.

PWC vs. MIDE - Sectors Allocation Comparison

Sectors
PWC
MIDE

Financial Services

16.9%
16.6%

Industrials

14.4%
19.6%

Technology

14.2%
13.7%

Healthcare

10.9%
9.7%

Consumer Cyclical

7.4%
10.7%

Communication Services

7.3%
1.1%

Energy

5.8%
6.0%

Basic Materials

5.5%
7.2%

Utilities

5.3%
1.7%

Real Estate

5.3%
9.1%

Consumer Defensive

5.3%
3.4%

Financial Services

PWC
16.9%
MIDE
16.6%

Industrials

PWC
14.4%
MIDE
19.6%

Technology

PWC
14.2%
MIDE
13.7%

Healthcare

PWC
10.9%
MIDE
9.7%

Consumer Cyclical

PWC
7.4%
MIDE
10.7%

Communication Services

PWC
7.3%
MIDE
1.1%

Energy

PWC
5.8%
MIDE
6.0%

Basic Materials

PWC
5.5%
MIDE
7.2%

Utilities

PWC
5.3%
MIDE
1.7%

Real Estate

PWC
5.3%
MIDE
9.1%

Consumer Defensive

PWC
5.3%
MIDE
3.4%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Invesco Dynamic Market ETF

Xtrackers S&P MidCap 400 ESG ETF

Often compared with PWC:
PWC vs. FWRG.LPWC vs. SPYPWC vs. TUSAPWC vs. SCHGPWC vs. TXSPWC vs. SOXXPWC vs. CGDV
Often compared with MIDE:
MIDE vs. PTMCMIDE vs. VOOMIDE vs. RWJMIDE vs. SIXLMIDE vs. ASHSMIDE vs. CNMIDE vs. SRHQ

Return for Risk

PWC vs. MIDE — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
PWC
PWC Risk / Return Rank: 5858
Overall Rank
PWC Sharpe Ratio Rank: 5858
Sharpe Ratio Rank
PWC Sortino Ratio Rank: 6262
Sortino Ratio Rank
PWC Omega Ratio Rank: 5555
Omega Ratio Rank
PWC Calmar Ratio Rank: 6161
Calmar Ratio Rank
PWC Martin Ratio Rank: 5555
Martin Ratio Rank
MIDE
MIDE Risk / Return Rank: 6969
Overall Rank
MIDE Sharpe Ratio Rank: 6666
Sharpe Ratio Rank
MIDE Sortino Ratio Rank: 6868
Sortino Ratio Rank
MIDE Omega Ratio Rank: 6262
Omega Ratio Rank
MIDE Calmar Ratio Rank: 7373
Calmar Ratio Rank
MIDE Martin Ratio Rank: 7474
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

PWC vs. MIDE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Dynamic Market ETF (PWC) and Xtrackers S&P MidCap 400 ESG ETF (MIDE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

PWCMIDEDifference
Sharpe ratioReturn per unit of total volatility
1.40
1.51

-0.12

Sortino ratioReturn per unit of downside risk
2.09
2.22

-0.13

Omega ratioGain probability vs. loss probability

1.24

1.27

-0.02

Calmar ratioReturn relative to maximum drawdown

2.15

2.55

-0.40

Martin ratioReturn relative to average drawdown

6.44

9.19

-2.75

PWC vs. MIDE - Sharpe Ratio Comparison

The current PWC Sharpe Ratio is 1.40, which is comparable to the MIDE Sharpe Ratio of 1.51. The chart below compares the historical Sharpe Ratios of PWC and MIDE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

PWC vs. MIDE - Drawdown Comparison

The maximum PWC drawdown since its inception was -78.13%, which is greater than MIDE's maximum drawdown of -24.59%. Use the drawdown chart below to compare losses from any high point for PWC and MIDE.

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Drawdown Indicators

PWCMIDEDifference

Max Drawdown

Largest peak-to-trough decline

-78.13%

-24.59%

-53.54%

Max Drawdown (1Y)

Largest decline over 1 year

-6.45%

-9.36%

+2.91%

Max Drawdown (3Y)

Largest decline over 3 years

-15.12%

-24.59%

+9.47%

Max Drawdown (5Y)

Largest decline over 5 years

-26.58%

-24.59%

-1.99%

Max Drawdown (10Y)

Largest decline over 10 years

-39.45%

—

—

Current Drawdown

Current decline from peak

-1.56%

-1.44%

-0.12%

Average Drawdown

Average peak-to-trough decline

-35.96%

-6.34%

-29.62%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.15%

2.60%

-0.45%

Volatility

PWC vs. MIDE - Volatility Comparison

Invesco Dynamic Market ETF (PWC) and Xtrackers S&P MidCap 400 ESG ETF (MIDE) have volatilities of 3.43% and 3.38%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

PWCMIDEDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.43%

3.38%

+0.05%

Volatility (6M)

Calculated over the trailing 6-month period

7.30%

11.53%

-4.23%

Volatility (1Y)

Calculated over the trailing 1-year period

9.97%

15.85%

-5.88%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.90%

19.61%

-3.71%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.73%

19.51%

-0.78%

PWC vs. MIDE - Expense Ratio Comparison

PWC has a 0.60% expense ratio, which is higher than MIDE's 0.15% expense ratio.

Dividends

PWC vs. MIDE - Dividend Comparison

PWC's dividend yield for the trailing twelve months is around 1.72%, more than MIDE's 1.26% yield.

PositionTTM20252024202320222021202020192018201720162015
MIDE
Xtrackers S&P MidCap 400 ESG ETF		1.26%1.52%1.45%1.36%1.33%0.93%0.00%0.00%0.00%0.00%0.00%0.00%
PWC
Invesco Dynamic Market ETF		1.72%1.77%1.58%1.67%1.51%0.56%1.09%0.95%1.44%1.75%1.35%1.02%

Frequently Asked Questions

PWC and MIDE have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

PWC has higher volatility (3.43%) compared to MIDE (3.38%). In terms of maximum drawdown, PWC dropped -78.13% vs MIDE's -24.59%.

On 5-year performance, MIDE leads with 8.56% vs 7.27% for PWC. On fees, MIDE is cheaper at 0.15% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, MIDE has performed better with a 8.56% return vs 7.27%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

MIDE is cheaper with a 0.15% expense ratio, compared with 0.60% for PWC.

PWC has the higher dividend yield at 1.72%, compared with 1.26% for MIDE.

PWC tracks Dynamic Market Intellidex Index, while MIDE tracks S&P MidCap 400 ESG Index. They also come from different issuers: Invesco and Deutsche Bank. Their fees differ too: 0.60% for PWC and 0.15% for MIDE.

MIDE currently has the higher Sharpe Ratio (1.51 vs 1.40), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

Find the right allocation for PWC and MIDE

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